In the export trade of personal lubricants, cost control is key to enhancing competitiveness and profit margins. Here are some effective cost control strategies and how Pingchuang Medical supports its partners in this regard.
1. Optimize Supply Chain Management
Effective supply chain management can reduce raw material costs and logistics expenses. As a nationally certified high-tech enterprise, Pingchuang Medical has a mature supply chain system that ensures the quality and stable supply of raw materials, thereby helping to reduce costs.
2. Improve Production Efficiency
By improving production efficiency, the fixed cost per unit product can be reduced. Pingchuang Medical adopts advanced HKH production processes with a daily output exceeding 600,000 units. Such large-scale production can effectively lower the unit cost.
3. Reduce Inventory Costs
Inventory management is another important aspect of cost control. Pingchuang Medical offers the ability to quickly ship large orders, which helps exporters reduce inventory backlogs, thereby lowering inventory costs.
4. Quality Control and Reduction of Rework
High-quality products can reduce rework and returns, thus lowering additional costs. Pingchuang Medical's products are strictly produced according to GMP standards and have passed the ISO13485 international certification for medical device quality management systems, ensuring product quality and reducing the possibility of rework and returns.
5. Compliance Cost Control
Exported products must meet the regulatory requirements of the target market; non-compliance can lead to additional rectification costs. Pingchuang Medical’s products have passed US FDA, EU CE, and RoHS certifications, which help reduce additional costs due to compliance issues.
6. Leverage Professional OEM/ODM Services
Choosing professional OEM/ODM services can reduce the costs of self-developing and producing. Pingchuang Medical provides professional coupling agent OEM/ODM customization services, helping exporters save on R&D and production investments, effectively controlling costs.
7. Utilize Economies of Scale
Large-scale production usually lowers the unit cost. Pingchuang Medical’s capability to produce over 600,000 units per day allows exporters to leverage economies of scale to further reduce costs.
8. Direct Cooperation with Manufacturers
Direct cooperation with manufacturers can reduce intermediary links and lower procurement costs. As a manufacturer, Pingchuang Medical can offer exporters the price advantage of direct supply from the factory.
Pingchuang Medical provides strong support to exporters with its professional production capacity and quality management system, helping them succeed in the global market.